About Velasca
Velasca is a company based in Milan (Italy) founded in 2013.. Velasca has raised $8.8 million across 5 funding rounds from investors including Milano Investment Partners, P101 and Fondo Italiano d'Investimento. Velasca offers products and services including Newsletter Service and Italian-Style Products.
- Headquarter Milan, Italy
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.8 M (USD)
in 5 rounds
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Latest Funding Round
$4.96 M (USD), Series B
Sep 23, 2019
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Investors
Milano Investment Partners
& 5 more
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Employee Count
Employee Count
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Products & Services of Velasca
Velasca offers a comprehensive portfolio of products and services, including Newsletter Service and Italian-Style Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers weekly emails with Italian style stories and inspiration.
Offers durable fashion items like shoes for direct consumer purchase.
Funding Insights of Velasca
Velasca has successfully raised a total of $8.8M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $4.96 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $5.0M
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First Round
First Round
(17 Sep 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series B - Velasca | Valuation | P101 , Milano Investment Partners |
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| Jul, 2018 | Amount | Series A - Velasca | Valuation | Fondo Italiano d'Investimento | |
| Nov, 2016 | Amount | Seed - Velasca | Valuation | P101 |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Velasca
Velasca has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Milano Investment Partners, P101 and Fondo Italiano d'Investimento. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are made in innovative early-stage companies.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward the lifestyle sector.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Velasca
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Velasca
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Velasca Comparisons
Competitors of Velasca
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Velasca
Frequently Asked Questions about Velasca
When was Velasca founded?
Velasca was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Velasca located?
Velasca is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Is Velasca a funded company?
Velasca is a funded company, having raised a total of $8.8M across 5 funding rounds to date. The company's 1st funding round was a Seed of $762.25K, raised on Sep 17, 2014.
What does Velasca do?
Velasca was founded in 2013 in Milan, Italy, and operates as an internet-first brand in the footwear sector. A range of handcrafted products is offered, including leather shoes, sports shoes, casual shoes, loafers, and accessories such as belts, wallets, bags, socks, and shoe care kits. Free shipping and returns are provided to customers across its online platform.
What products or services does Velasca offer?
Velasca offers Newsletter Service and Italian-Style Products.
Who are Velasca's investors?
Velasca has 6 investors. Key investors include Milano Investment Partners, P101, Fondo Italiano d'Investimento, Club Digitale, and Boox.